China's Shenzhen toughens home-buying rules as prices surge The new rule in Shenzhen will take effect on Wednesday and apply to home buyers who want to take mortgages from banks, the newspaper quoted unnamed banking sources in Shenzhen as saying. Banks will also tighten mortgage regulations to ensure that … Read more on Reuters

Suning Shares Surge on China Private Bank Report: Shenzhen Mover Suning Commerce Group Co. (002024) surged to a two-year high on speculation it may be awarded a private bank license as China's policy makers prepare to open the financial sector to more companies that aren't state-owned. The retailer of electronics … Read more on Bloomberg

Shenzhen home sales surge in January Real estate developers in Shenzhen sold out 568,500 square meters of new commercial housing, up 32.1 percent from a month earlier and up 369.3 percent from a year earlier, the municipal commission of urban planning, land and resources said Monday. Read more on People’s Daily Online

Chinese Air-Purifier Makers Surge on Pollution: Shenzhen Mover (000551) and Chaoyue Group Ltd. (147) rose after pollution in Beijing reached record levels. Gree Electric gained 3.9 percent in Shenzhen trading to a record close of 27.01 yuan and Create Technology jumped by the 10 percent daily limit to 7.34 yuan. Read more on Bloomberg